Group of Seven nations finance ministers agreed to tackle the issue of how to deal with failing banks and gave gave a green light to Japan's efforts to galvanize its economy.» Read More
LONDON, Jan 14- Central banks increasingly want to hold yuan as trade with China grows, a move that would boost the currency and turn it into a far greater cog of world finance.
Fed chief Ben Bernanke speaks, 2100 GMT. LONDON, Jan 14- Platinum hit three-month highs on Monday as traders fretted about the prospect of further supply outages in South Africa, ahead of a review of number one platinum miner Anglo American Platinum's operations there.
LONDON, Jan 14- European stocks turned negative on Monday, tracking a fall in U.S. equity futures, where Apple was hit by demand concerns. At 1408 GMT, the FTSEurofirst 300 index of top European shares was down 0.2 percent at 1,161.61 points after rising as high as 1,167.10 earlier in the session.
LONDON, Jan 14- A British court on Monday approved the extradition of a former Credit Suisse trader to the United States, where he is accused of inflating the prices of subprime mortgage-backed bonds to the tune of $540 million in 2007-2008..
LONDON, Jan 14- The euro hit an 11- month high against the dollar on Monday as fading prospects of an interest rate cut in Europe bolstered demand, while world shares consolidated recent gains prompted by an improving global growth outlook.
LONDON, Jan 14- British Prime Minister David Cameron on Monday played down the prospect of a referendum any time soon on whether Britain should leave the European Union, defying calls from within his Conservative Party and the public.
BAMAKO/ PARIS, Jan 14- Al Qaeda- linked Islamist rebels launched a counter-offensive on Monday in central Mali after four days of air strikes by French warplanes on their strongholds in the desert north, promising to drag France into a long and brutal Afghanistan-style ground war.
LONDON, Jan 14- The euro hit an 11- month high against the dollar on Monday and extended gains versus the yen as Japan put more pressure on its central bank to ease monetary policy while chances of a euro zone rate cut faded.
Fed chief Ben Bernanke speaks, 2100 GMT. LONDON, Jan 14- Gold rose back towards $1,670 an ounce on Monday as the euro hit an 11- month high against the dollar and European shares strengthened on the back of a more stable growth outlook in the region and declining prospects of further monetary easing.
*Higher global supply, soft China imports to keep copper in ranges. LONDON, Jan 14- Copper edged up on Monday bolstered by a weak dollar, a decline in economic gloom in Europe, and better growth prospects in top consumer China, though gains were capped by worries about rising Chinese stockpiles.
LONDON, Jan 14- New Generali boss Mario Greco said the sale of non-core assets would raise some 4 billion euros as part of a turnaround strategy that promises to boost profit by focusing on "value over volume".
LONDON, Jan 14- The euro hit an 11- month high against the dollar and European shares rose on Monday as fading prospects of further monetary easing in the region and an improving growth outlook bolstered demand.
Swiss luxury firm Swatch Group added 3.7 percent, buoyed by news it is buying the luxury jewellery arm of Canada's Harry Winston in a $750 million cash deal to expand into high-end bracelets, rings and necklaces.
LONDON, Jan 14- A descendant of King William IV and an alumnus of Britain's Eton College, British Prime Minister David Cameron has struggled to counter the charge he favours the interests of the wealthy minority into which he was born. Credit ratings agencies have said Britain's triple A rating is in danger.
LONDON, Jan 14- Oil rose above $111 a barrel on Monday as concern about supply resurfaced amid growing optimism over signs that the world's biggest economies are on their way to a steady recovery.
LONDON, Jan 14- Holiday season shoppers shunned Windows 8 desktops and notebooks in favour of tablets and smartphones, resulting in a 4.3 percent fall in PC sales in the fourth quarter, research firm Gartner said on Monday.
LONDON, Jan 14- The euro hit an 11- month high against the dollar on Monday and extended gains versus the yen as Japan put more pressure on its central bank and the European Central Bank dampened the chances of a euro zone rate cut.
LONDON, Jan 14- New Generali boss Mario Greco vowed to boost operating profit by a quarter via an ambitious turnaround strategy that focuses on "value over volume" at Europe's No.3 insurer.
The common currency peaked at $1.3404, its highest level since February 2012, producing a hefty gain of 2.5 percent since European Central Bank President Mario Draghi gave a more optimistic outlook for the economic recovery late last week.
LONDON, Jan 14- European shares were flat on Monday, with French energy firm EDF the top gainer after it reached a deal with the government over a tax levy shortfall. Corporate earnings season would likely remain the main driver of market sentiment, Craig Erlam, market strategist at Alpari, said.